ONLY CHARTS
www.antipodeanmacro.com
1. The boffins’ Activity Index for New Zealand has picked up in recent months alongside improving signals from business surveys.
2. World crude steel production in February remained well below the peak.
3. Dwelling investment in Canada has retreated sharply over the past couple of years as a share of the economy.
4. The A$ has appreciated against the NZ$ as the kiwi yield premium has narrowed…
5. …alongside expectations that the RBNZ-RBA policy rate gap will narrow over the next 12-18 months.
6. Prices for consumption goods imported into Australia and New Zealand remain at a high level.
7. For New Zealand, prices for consumer durable imports have been falling again but prices for non-durable consumer goods have continued to rise strongly.
